Regulatory Alerts2024-12-13
Added · Updated
Supervisory Policy Manual: Consequential updates arising from implementation of Basel III final reform package
The Hong Kong Monetary Authority issued consequential updates to the Supervisory Policy Manual to align with the implementation of the Basel III final reform package. These revisions specifically target documents concerning large exposures, risk concentrations, and exposures to connected parties for all authorized institutions. The updates ensure that regulatory frameworks for liquidity risk management and consolidated supervision remain consistent with the new international standards.
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